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I’m so tired of the Doomsday News!! Every time I turn on the TV or read the newspaper, which I know I shouldn’t do, the economic news is bad, bad, and worse. I woke up this morning like the man on Network – the old movie: “I’m sick and tired and can’t take any more!! “. I checked my emails and there was a mortgage update which states: “Investor concerns about slower economic growth hurt the stock market but pushed mortgage rates to the lowest levels since the summer of 2006. Nearly all of last week's economic data indicated weakness in economic growth, which was good news for mortgage markets, since it generally means less future inflation.”
Mortgages rates at last summer’s level may not be a big deal, but it might help some of our wanna be buyers get into the market. Heaven knows, there’s a ton of houses for sale. The only way to eat up our inventory is like eating an elephant – one bite at a time; one house; one buyer at a time.
I know the reduction in mortgage rates is a small thing, but it makes me smile to think that there is some good news. 
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